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Explain Supply and demand with facts.
written 3.5 years ago by gravatar for prajapatijaimin prajapatijaimin • 3.3k •   modified 3.5 years ago
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written 3.5 years ago by gravatar for prajapatijaimin prajapatijaimin • 3.3k

Solution:

Supply and demand:

  • Supply and demand, in economics, the relationship between the quantities of a the commodity that producers wish to sell at various prices and the quantity that consumers wish to buy.

  • It is the main model of price determination used in economic theory.

  • The law of supply …

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